Individuals and business firms then, as a result, are willing to hold only the amount of transactions deposits they deem necessary for day-to-day payments. If more is held, then more interest must be paid out to the Fed.

Some common words found in the essay are:
Reserve's Regulation, , business firms, bank's assets, bank's assets liabilities, assets liabilities, transactions deposits, value bank's assets, loans floating-rate loans, loans floating-rate, bankers usually, floating-rate loans, value bank's, regulators banks,
Approximate Word count = 422
Approximate Pages = 2 (250 words per page double spaced)